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Renovated CVS-Leased Retail Building
For Sale
Contact for pricing
Pending

1026 West Ave, Crossville, TN 38555

Retail building with a new 10-year CVS lease and multiple renovation upgrades including roof, LED lighting, and parking improvements.

Property SizeContact for details
Days on Market146

Property Features for 1026 West Ave

General Information

Standard status Pending
Property subtype Retail
Listing Agency: Tera Stanton Keller Williams
Listed By: Danika Bull · License #TN 347615
Source: Crexi
Added: Apr 12 Changed: Aug 27 Last Checked: Sep 1 at 11:51PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Tera Stanton Keller Williams

Investment Insights

Based on property information with market context.

This CVS-anchored retail building is offered with a newly executed 10-year lease by CVS, including (4) 5-year renewal option periods. Property renovations include a new EPDM roof with a 20-year warranty, freshly painted metal awnings and structures, replacement of all exterior lights with low-maintenance LED lighting, and new asphalt with parking lot striping.

The property is situated on a corner at a busy intersection in an active trade area centrally located in the city. The remarks indicate the store is a high-producing location close to a hospital.

The lease is corporately guaranteed by CVS Corporation.

Key Highlights

  • New 10‑year CVS lease executed with (4) 5‑year renewal option periods
  • Lease is corporately guaranteed by CVS Corporation
  • New EPDM roof with a 20‑year warranty

Property Analytics

Current Use

CVS Cosmetic Store CVS Pharmacy Pharmacy CDReload Instant Bitcoin Crypto Atm Coinhub Bitcoin ATM ... Atm Meghan Harris Pharmacy

Suggested Use

Top Pick Parking Lot & Garage (Bike/Boat/Book/etc) Store Locksmith Veterinary Clinic Pet Store Carpet & Flooring Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

748
Businesses Nearby
Well-served
Demand for This Use

Demographics for 38555, TN

19,930
Population
10,104
Households
2
Avg Household Size
44
Median Age
17%
College-Educated
90%
High-School Grad
92.3 sq mi
ZIP Area
216
Density / Sq Mi
$55,286
Median Household Income
$31,571
Median Earnings
$794
Median Rent
$221,400
Median Home Value

Market

Vacancy Rate% for Retail in South region

7% 2020
6.2% 2021
5.1% 2022
4.8% 2023
4.9% 2024
5.4% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Drug store - Retail building with a new 10-year CVS lease and multiple renovation upgrades including roof, LED lighting, and parking improvements.
Where is this drug store located?
The property is located at 1026 West Ave Crossville, TN.
What are key features of this property?
This property features: New 10‑year CVS lease executed with (4) 5‑year renewal option periods; Lease is corporately guaranteed by CVS Corporation; New EPDM roof with a 20‑year warranty
More about this property
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